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Old 02-17-2003, 04:31 PM
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Default When collectors have too much money

Posted By: Hankron

Perhaps I'm a Rube, but I've never understood the super duper premiums placed on 'Gem Mint' cards, whether it was a Michael Jordan Rookie or a 1950s Topps Common. This is in particular as even the best graders have a measurable margin of error in assigning grades. I ususally look at sales prices like this in this way: for the money someone just payed for a Topps common, he could have gotten a Hall of Famer Game Used bat or a decent T206 Ty Cobb. I may be in the minority on some boards, but I would rather than the bat or the T206 Cobb over a 1957 Topps Ray Jablonski.

On the other hand, it's the winner's money and he can do whatever he wants with it.

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